Laurus Labs Ltd. has approved an ₹833 million investment in KRKA Pharma Private Limited, its joint venture with KRKA d.d., Novo mesto, Slovenia. KRKA d.d. will contribute ₹867 million, maintaining the 51:49 shareholding structure between the two companies. Following the announcement, as of March 7, 12:50 PM, Laurus Labs Ltd is trading at ₹571.20, down …
The All India Consumer Products Distributors Federation (AICPDF) has filed a petition with the Competition Commission of India (CCI) against leading quick commerce platforms—Blinkit, Swiggy’s Swiggy Instamart, and Zepto. The petition, submitted on February 28, accuses these platforms of selling products at 50% lower prices than those available in traditional and modern trade outlets. The …
Tata Consultancy Services (TCS) has expanded its collaboration with Northern Trust, a leading financial institution, to improve securities services in 99 markets. This partnership builds on their existing relationship since 2017, with TCS already managing corporate actions and income processing for Northern Trust. Deployment of Advanced Technology TCS will implement its TCS BaNCS™ Global Securities …
Eris Lifesciences Limited, a leading Indian pharmaceutical company, has reorganised its holdings by transferring 100% of its shares in 2 subsidiaries—Eris Oaknet Healthcare Private Limited (EOHPL) and Aprica Healthcare Limited (AHL)—to Eris Therapeutics Limited (ETL), a fully owned subsidiary. “As a part of Eris Groups’ internal structuring of the holdings, the Company has transferred 100% …
The Indian stock markets witnessed mixed movements on March 7, 2025, with the benchmark indices trading with marginal losses at 9:56 AM. However, the broader market indices outperformed, with the Nifty Midcap 100 and Smallcap 100 indices rising by 0.15% and 0.59%, respectively. This outperformance highlighted a strong market breadth, indicating a predominance of advancing …
K&R Rail Engineering Limited has signed a Memorandum of Understanding (MoU) with Indian Port Rail and Ropeway Corporation Limited, a public sector enterprise under the Ministry of Shipping, Government of India. This agreement focuses on collaboration in executing large-scale infrastructure projects, including railways, roads, highways and ports. Scope of the MoU The projects under this …
On March 07, 2025, SBI Life shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹2.70 interim dividend. SBI Life Dividend History Ex-Date Dividend Type Dividend Amount (₹) Mar 15, 2024 Interim 2.70 Mar 16, 2023 Interim 2.50 Mar 29, 2022 Interim 2.00 SBI Life Q3FY25 Earnings Highlights …
Following news of NCLT’s approval for the demerger of its diversified businesses into 3 different groups, Quess Corp share price recorded a 6% rise on BSE on Friday, March 7 at 10:59 AM. The stock continued to witness strong buying interest from investors and was trading at ₹653.70 a piece. This was an increase of …
New Delhi, Mar 7 (PTI) Real estate firm Omaxe Ltd’s subsidiary will invest Rs 2,700 crore to upgrade six bus terminals in Uttar Pradesh. In a regulatory filing on Friday, Omaxe said that Uttar Pradesh State Road Transport Corporation (UPSRTC) has awarded it a contract to modernise six key bus terminals in the State – …
New Delhi, Mar 7 (PTI) Newly listed Quality Power Electrical Equipments has acquired majority stake in instrument transformer manufacturer Mehru Electrical and Mechanical Engineers for Rs 120 crore. “Quality Power has acquired 51 per cent of the share capital of Mehru for a total cash consideration of Rs 120 crore through a share purchase agreement,” …
